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Agreement Terms for Investments <br />Services shall be provided at: <br />SIEMENS <br />1. City Hall: 20 Civic Center Plaza, Santa Ana, CA 92701 <br />2. City Yard: 122 N Newhope St, Santa Ana, CA 92703 <br />3. Library- Main: 26 Civic Center Plaza, Santa Ana, CA 92701 <br />4. Library- Newhope: 220 S Daisy Ave, Santa Ana, CA 92703 <br />5. Santa Ana Senior Center: 424 W. Third St., Santa Ana, CA 92701 <br />6. Train Station (SARTC): 1000 E. Santa Ana Blvd., Santa Ana, CA 92701 <br />7. Ross Annex: Next Door to City Hall <br />Siemens Industry, Inc. shall provide the services as identified in this Proposal and pursuant to the associated <br />terms and conditions contained within. <br />Duration (Initial Term and Renewal): This Agreement shall remain in effect for an Initial Term of 1 Periods <br />beginning July 1, 2025. After the expiration of the Initial Term, this Agreement shall automatically renew for <br />successive one year periods. The Investments for each year after the Initial Term of the Agreement and each <br />year of each renewal of this Agreement shall be determined as the immediate prior year's Investment plus an <br />escalator of 5.5% or as allowed per this proposal (This proposal includes 3.0% escalator for all option <br />periods). In addition, each renewal term pricing shall be adjusted for any additions or deletions to services <br />selected for the renewal term. <br />Initial Term Investments: <br />Year <br />Period Range <br />Jul 1,2025 -Jun 30,2026 <br />Optional Extension Periods: <br />Year 2 <br />Jul 1,2026 - Jun 30,2027 <br />Year 3 <br />Jul 1,2027 - Jun 30,2028 <br />Year 4 <br />Jul 1,2028 - Jun 30,2029 <br />Year 5 <br />Jul 1,2029 - Jun 30,2030 <br />Investment Total <br />Amount Due In Advance Based On Billing Frequency <br />Billing Frequency Annual Price <br />Annually (In Advance) $62,292.00 <br />$64,145.00 <br />Annually (In Advance) <br />$66,069.00 <br />Annually (In Advance) <br />$68,051.00 <br />Annually (In Advance) <br />$70,092.00 <br />Annually (In Advance) <br />$62,292.00* <br />Applicable sales taxes are excluded from the Investments. The pricing quoted in this Proposal is firm for 30 <br />days. <br />Siemens Industry, Inc. invoices paid by credit card may be subject to a surcharge of up to 2%. <br />*Siemens' pricing is subject to adjustment for any direct or indirect new or modified taxes, duties, <br />tariffs, or equivalent measures imposed by any U.S. or foreign governmental authority that are <br />applicable to our offering, including any hardware, software, or service components contained <br />therein. Siemens shall be entitled to an equitable adjustment in pricing to reflect the impacts of any <br />such measures. Please note that the aforementioned measures specifically include any price <br />adjustments required as a result of increased costs incurred by Siemens due to tariffs imposed by any <br />governmental authority (including, without limitation, increased costs due to tariffs imposed by any <br />governmental authority on Siemens' vendors). <br />Page 14 of 16 <br />